Vertex Acquires Fulcrum
Acquisition Expands Vertex’s Suite of Construction Consulting Solutions and Augments Nationwide Presence
WEYMOUTH, Mass. – The Vertex Companies, LLC (“Vertex”) a portfolio company of Wind Point Partners (“Wind Point”), is pleased to announce the acquisition of Fulcrum, LLC (“Fulcrum” or the “Company”), a premier construction management consulting services firm that serves clients across North America. Fulcrum is well-positioned to serve its clients throughout the life of their project by providing due diligence, pre-construction, construction and operations support. Vertex is a leading multidisciplinary engineering and consulting firm that provides forensic consulting, engineering design, construction project advisory, dispute resolution, environmental consulting and digital solutions.
“The addition of Fulcrum to our team will not only enhance our project advisory practice, but also expand our resources in key markets,” said Bill McConnell PE, CEO of Vertex. “This partnership was a fit from the start based on the alignment of our respective cultures. Moreover, Fulcrum’s staff members will have an opportunity for further growth by adding expert support for our surety work and other service areas where we have regional staffing gaps.”
Nathan Brown, Managing Director at Wind Point, commented, “Fulcrum’s core competencies in construction and project risk management bolster the broader Vertex platform while also expanding geographic coverage and adding strong technical talent to our employee base. Expanding our capabilities to help drive cross-selling opportunities is a core piece of Vertex’s value creation plan and this partnership with Fulcrum aligns with our continued efforts to deliver outstanding service to our customers.”
Mark Degenaars, President of Vertex’s Construction Consulting Services, noted, “The strength of the Fulcrum team and synergies were obvious from the onset. Our combined team of construction project advisory experts will enhance both the employee and client experience. This partnership provides our clients with additional expert resources and stronger geographic coverage, while also providing our employees more exciting career opportunities.”
Vertex’s multidisciplined professional services, national office footprint, and commitment to quality, value and continuous growth opportunities for all team members make it an excellent fit for Fulcrum. “The synergy created by the Vertex/Fulcrum combination will provide opportunities for current and future clients to enjoy the convenience of a one-stop shop, along with the customized benefits of specialized attention on an impressive list of professional services ,” said Hugh Coyle, CEO and Manager of Fulcrum. “Fulcrum staff are energized by the ability to better serve our expansive client base, which coupled with increased career and academic opportunities afforded by the Vertex/Fulcrum combination, makes this an exciting time to be part of the company.”
Fulcrum is Vertex’s second acquisition since Wind Point became Vertex’s private equity partner in August 2021. EFCG served as the financial advisor to Vertex on the acquisition of Fulcrum.